DBRS confirms United States

DBRS said it confirmed the AAA long-term foreign and local currency issuer ratings, and the R-1 (high) short-term foreign and local currency issuer ratings of the United States of America.

All ratings are stable.

DBRS said the AAA ratings reflect the country’s unequalled financing flexibility as the issuer of the world’s benchmark asset and its reserve currency. Both features facilitate low financing costs and grant the U.S. Treasury a high capacity to service debt, even during periods of investor risk aversion and current expectations of higher interest rates.

Strong economic institutions and a highly productive economy further bolster the ratings, the agency said.

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